I’m sure you can think back on a time when you were sick with the flu. One minute you’re burning up with a fever and by the next you’re teeth are chattering from the chills.
While there’s a bit of time in between where the sickness is somewhat at bay, there’s no telling when it could bounce from one extreme to the next…
But what’s the point of all this flu-talk?
I’m writing you this because crypto shares these same symptoms and it has for the past year or so! Stock prices are constantly fluctuating from hot to cold and then hovering around the lukewarm range.
Although the charts may tell you otherwise, there’s good reason to believe that this cryptocurrency fever could be coming to a close.
Here’s why…
If you’re looking to gauge the overall health of the crypto market, then Bitcoin, the king of digital currencies, is a good place to start.
As I write this, Bitcoin shares are currently priced at $6,507. A value that’s come to be considered “normal” during 2018.
For the most part, Bitcoin’s price tag has consistently bounced around this “lukewarm” range, but if you rewind to December, 2017, you’ll see that the currency was more than 3x’s this value!
After that, it eventually dove into the $5,000s, before correcting itself again…
Considering all this volatility, you may be asking: “what leads me to believe that a brighter future for crypto is on the verge of unfolding?”
According to new research from Glassdoor, there has been a 300% increasein the number of jobs related to Bitcoin and other cryptocurrencies within the last 12 months.
Around this time last year, there were only 446 related career openings in the U.S. Now, this number has risen to 1,775!
Despite the various ups and downs of the cryptocurrency market, it’s clear that employers see a promising future ahead for these digital coins, which is a GREAT indicator that crypto could be set to clean up its act soon.
Companies are obviously aware of cryptocurrency’s potential. Otherwise, they wouldn’t be pumping countless dollars towards employing people in the field.
It’s clear that the higher-ups haven’t lost faith in crypto and neither should you!
The thing is, this rapid growth is projected to continue into the near future. So, keep digital currency shares, such as Bitcoin, in your crosshairs and expect profits from you investments to follow.
Just like the temperature swings that come along with the flu, we’ve seen Bitcoin shares as hot as $19,783 and as cold as the $5,000 range…
There’s no denying crypto’s wild ride, but the fact that job growth is increasing at an exponential rate just shows that this “sickness” should pass soon.
